15 strategies for paying off your high-interest credit card debt

Paying off your high-interest debt can be a difficult task. Knowing  where to start, what steps to take next, and avoiding common mistakes  can make the process much more manageable.

Many creditors are willing to negotiate a lower interest rate if you have paid on time for several months.

Negotiate Your Interest Rate

If you have a good credit score, you might be able to transfer some or all of your credit card debt to a zero or low-interest card.

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Balance Transfer Credit Card

If you only make the minimum monthly payment on your debts, it will take you a very long time to pay them off.

Pay More Than the Minimum Payment Every Month

To pay off your credit card balances more quickly, you need to find ways to free up extra money each month.

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Cut Unnecessary Expenses


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